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Walgreens Drugstore with Absolute NNN Lease
For Sale
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13053 Cortez Blvd, Brooksville, FL 34613

Walgreens-occupied retail property with extended hours and a long-term lease structure requiring no landlord responsibilities.

Property SizeContact for details
Days on Market142

Property Features for 13053 Cortez Blvd

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 70,000 vehicles/day

Additional Details

Asking Price $5,800,000

Building Details

Tenancy Single
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pharma Property Group

Investment Insights

Based on property information with market context.

This Walgreens drugstore is positioned on a signalized corner within a traditional retail corridor in Brooksville, Florida. The operating store remains open until midnight and has been serving the site for more than 15 years. A competing CVS is located directly across the street, while several regional hospitals are within 2 miles, placing the property within both retail and medical-oriented surroundings.

Walgreens has agreed to a new 15-year absolute net lease, with no landlord responsibilities. The initial term provides 5% rental increases every 5 years, followed by the same increase structure across 12 additional 5-year options. The property is located in the Tampa MSA and benefits from nearly 70,000 vehicles per day at the corner.

Key Highlights

  • New 15‑year absolute net lease with no landlord responsibilities
  • 5% rental increases every 5 years during the initial term and 12 (5‑year) options
  • Signalized corner with nearly 70,000 vehicles per day

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Syed M. Ali, ... Pharmacy Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage HVAC Service Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby
901k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 29% Apparel 24% Dining 20% Superstores 15%
Walmart Superstores
135,307 visits/mo 0.4 miles
Wawa Shops & Services
54,022 visits/mo 0.2 miles
Marshalls Apparel
53,041 visits/mo 0.3 miles
Ross Dress for Less Apparel
41,976 visits/mo 0.2 miles
Five Below Shops & Services
41,891 visits/mo 0.3 miles

Demographics for 34613, FL

18,869
Population
10,532
Households
1.8
Avg Household Size
61
Median Age
21%
College-Educated
92%
High-School Grad
37.2 sq mi
ZIP Area
507
Density / Sq Mi
$56,175
Median Household Income
$36,815
Median Earnings
$1,108
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Sam's Club Pharmacy 13360 Cortez Blvd, Brooksville, FL 34613
  • Millennium Pharmacy 12170 Cortez Blvd, Brooksville, FL 34613
  • CVS Pharmacy 12990 Cortez Blvd, Brooksville, FL 34613
  • Louis Cafiero 12990 Cortez Blvd, Brooksville, FL 346136803
  • PALMYRA PHARMACY 13060 Cortez Blvd, Spring Hill, FL 34613

Frequently Asked Questions

What type of property is this?
Drug store - Walgreens-occupied retail property with extended hours and a long-term lease structure requiring no landlord responsibilities.
Where is this drug store located?
The property is located at 13053 Cortez Blvd Brooksville, FL.
What are key features of this property?
This property features: New 15‑year absolute net lease with no landlord responsibilities; 5% rental increases every 5 years during the initial term and 12 (5‑year) options; Signalized corner with nearly 70,000 vehicles per day
(619) 297-0055 Call to check price and availability
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